U.S. legacy automakers Ford F and General Motors GM have moved in different directions since their second-quarter earnings reports. GM has gained 14.4% since reporting on July 21, while Ford is down 3% since its July 28 results. That divergence is notable because both automakers delivered stronger earnings and raised their full-year outlooks. So, the question is … Read more
Crypto Market Update: Tether Completes First-Ever Audit
The whipping post
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (August 14) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$62,905.35, down by 0.5 percent over the past 24 hours. Despite encouraging US … Read more
Alibaba Q1 Earnings Preview: Should You Buy, Sell or Hold the Stock?
The whipping post
Alibaba BABA is scheduled to report first-quarter fiscal 2027 results on Aug. 20. For the fiscal first quarter, the Zacks Consensus Estimate for revenues is pegged at $38.63 billion, suggesting an 11.74% rise from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for earnings is pinned at $1.94 per share, indicating a decline of … Read more
Google, Amazon, and Meta All Just Raised Capex Guidance Again. This Boring Industrial Wins No Matter Whose AI Infrastructure Is Best.
Key Points The AI spending frenzy will create infrastructure that will need more and more power in perpetuity. On-site power production is a popular choice for many data centers, but it’s not a viable long-term solution. Although this company is an aggressive long-term prospect, the stock’s recent weakness bolsters the case for stepping in sooner … Read more
Why The Fed’s Balancing Act Is Tilting in Wall Street’s Favor
Listen to the audio version of this article (generated by AI). Editor’s Note: My Investorplace colleague Louis Navellier has been watching two very important trends collide: cooling inflation and a weakening labor market. And that could put the Federal Reserve in a very interesting position. Louis is joining us today to breake down the latest … Read more